Funding and Loan Repayment Programs

This page lists funding sources and loan forgiveness programs for education students.


Berger Student Teaching Emergency Fund

The Berger Student Teaching Emergency Fund was established to support student teachers who are experiencing a financial hardship and are unable to cover expenses related to student teaching. Examples of such expenses might include, but are not limited to :

  • Basic living expenses (rent, utilities, food)
  • Transportation (gas, vehicle repairs/maintenance)
  • Professional clothing
  • Out-of-pocket teaching/classroom expenses
  • Licensure fees

All student teachers are eligible for these emergency funds for the term in which they are student teaching, however students receiving need-based aid at St. Olaf will be given priority. The Berger Student Teaching Emergency Fund cannot be used to cover charges from St. Olaf (such as tuition). The amount awarded is determined by the extent of the need and subject to the availability of the funds.

Emergency funds do not need to be repaid and are distributed on a case by case basis. Funds will be made available as soon as possible.

Please submit this form to be considered for funding. The Berger Student Teaching Emergency Fund committee will consult with campus partners, including the Financial Aid Office, to determine fund awards.

This fund is not associated with the financial aid application process. Financial aid applicants who have special circumstances that relate directly to the financial aid process should contact the Financial Aid Office.

Emergency funding may create a taxable event that could require reporting to the IRS by the recipient.

Piper Center Funding

The Piper Center provides information about possible funding resources for expenses related to student teaching, conference attendance, etc.  All student teachers can apply for the Piper Center Grant Award for Unpaid or Underpaid Internships through the Education Department.  Students with high financial need can apply for funding for internship and career-enhancing experiences through the Johnson Family Opportunity Fund.

For more information, visit this site: https://wp.stolaf.edu/pipercenter/funding-resources/

Education Opportunity Fund

Limited endowed funds for student teachers placed in urban schools are awarded by the Education Department. Education faculty determine recipients and award amounts.

MN Teacher Candidate Grant

The MN Teacher Candidate Grant is for applicants who are eligible for need-based aid and intend to work in an identified shortage area and/or belong to a racial or ethnic group underrepresented in the Minnesota teacher workforce. Students apply for the grant through MN Office of Higher Education (OHE). OHE determines award amounts up to $7,500. It is awarded only for the term of student teaching. Graduates must commit to teaching in MN for at least one year after completing student teaching.

TEACH Grant

The TEACH Grant Program provides grants of up to $4,000 a year to students who are completing or plan to complete course work needed to begin a career in teaching.

As a condition for receiving a TEACH Grant, you must sign a TEACH Grant Agreement to Serve in which you agree to (among other requirements) teach

  • in a high-need field;
  • at an elementary school, secondary school, or educational service agency that serves students from low-income families; and
  • for at least four complete academic years within eight years after completing (or ceasing enrollment in) the course of study for which you received the grant.

For more information on the TEACH grants, visit:
https://wp.stolaf.edu/financialaid/current-student-grants/

There are loan forgiveness programs in which your lender may participate. For more information: https://studentaid.ed.gov/sa/repay-loans/forgiveness-cancellation/teacher or
https://wp.stolaf.edu/financialaid/tips-for-repaying-your-student-loans/

Loan Repayment / Forgiveness

The Minnesota Teacher Shortage Student Loan Repayment Program was established to provide student loan repayment assistance to teachers providing classroom instruction in a teacher shortage area in Minnesota. The purpose of the program is to encourage teachers to teach in Minnesota in designated shortage areas. Shortage areas include teacher licensure fields in high demand statewide, geographical regions within the state experiencing teacher shortages and teacher licensure fields in high demand within regions of the state.

For more information, visit this site: https://www.ohe.state.mn.us/mPg.cfm?pageID=2191